Streit Mecanique SA

What Streit Mecanique SA does

Streit Mecanique SA (formerly Streit Industries SA) is a French precision mechanical machining and assembly specialist serving global OEM and Tier 1 customers across automotive, heavy vehicles, agricultural/construction equipment, energy, defense, and decarbonization markets. Founded in 1968 in eastern France and listed on EURONEXT ACCESS PARIS under ticker STREIT, the company operates three production plants — STREIT Mécanique and STREIT Technical Center in Pays de Clerval (France), STREIT Nova in Stara Pazova (Serbia), and STREIT Mexico in Comonfort, Guanajuato (Mexico) — and employs approximately 650 people. The company is majority-owned (95.62%) by STREIT GROUPE SAS, whose ultimate parent is the Taiwanese foundry conglomerate Mei Ta Group since 2006. Reported turnover was 70M€ in 2023.

The company's core offering is precision machining by chip removal — CNC bi-spindle and single-spindle lathes, 3/4/5-axis machining centers, milling/turning centers, broaching, washing, leak testing, and cleanliness control — applied to cast iron (grey, nodular, SiMoCr, D5S/NiResist), aluminum, stainless steel, and specialty materials including titanium aluminide (TiAl). Beyond machining, Streit provides co-design and co-development engineering, prototyping from single parts to small series, assembly of mechanical subcomponents, tooling and special-machine design through STREIT Technical Center, and integrated logistics. Production follows Lean Manufacturing, 5S, and Kaizen continuous improvement methodologies, and the company holds IATF 16949, ISO 9001, ISO 14001, ISO 45001, and ISO 50001 certifications across multiple sites.

Streit generates revenue through B2B contracts with enterprise OEMs under a quote-based pricing model with no public list pricing, supplying components directly to customer production lines as part of just-in-time arrangements. Its go-to-market is enterprise field sales targeting OEM and Tier 1 purchasing organizations, supported by limited digital marketing (website, LinkedIn) and industry-event participation. The customer base spans more than 25 named enterprises, including Porsche, Mercedes-AMG, BMW, Audi, VW Group, Stellantis, Renault, Ford, Toyota, GM, BorgWarner, Garrett Motion, Vitesco, Schaeffler, Elring Klinger, MAN, Scania, Volvo, Liebherr, Deutz-Fahr, Poclain, MTU, Thales, and YASA. The company is currently executing its Strategic Plan 2025, which pivots toward decarbonization, electric mobility (e.g., Porsche Taycan, YASA axial-flux motors), hydrogen components, and larger-dimension parts to offset the secular decline of its legacy ICE turbocharger business.

Name

Streit Mecanique SA

Legal name

STREIT MECANIQUE S.A

Website

https://groupe-streit.com

Company type

Public

Founded year

1968

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Streit Mecanique SA is a French precision machining and assembly specialist (founded 1968, ~70M€ revenue, 650 employees) that co-designs and produces complex cast-iron, aluminum, and specialty-metal components for global automotive, heavy-vehicle, agricultural, energy, and defense OEMs across plants in France, Serbia, and Mexico.

Ownership category

akta.pro rank

Product category

Precision Machined Components Manufacturing

NAICS

Industrial Machinery Manufacturing (33324)

SIC

Metalworkg Machinery & Equipment (3540), Screw Machine Products (3451)

akta.pro primary industry

Metal Cutting Tools, Tooling & Workholding (Cutters, Inserts, Chucks, Fixtures) (IMAHADAB)

Keywords

• Precision machining services
• Automotive components manufacturing
• Turbocharger parts
• Mechanical component assembly
• Co-development engineering

Headquarters

HQ city

Clerval

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Mechanical component manufacturing: Production and sale of machined mechanical components made from cast iron, aluminum, and steel sourced from foundries and forges. Components are co-designed with customers and delivered as ready-to-use parts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Streit Mecanique SA specializes in precision machining by material removal (chip removal), assembly, and co-development of mechanical components, most of which are made from cast iron, aluminum, or steel sourced from foundries and forges. The company provides global solutions from initial conception through production to final delivery, serving automotive OEMs and Tier 1 suppliers, heavy vehicle manufacturers, agricultural and construction equipment makers, energy systems providers, and the defense sector across three production plants in France, Serbia, and Mexico.

Product overview

STREIT Groupe operates as a mechanical machining, assembly, and co-development services provider with four production facilities (STREIT Mécanique and STREIT Technical Center in France, STREIT Nova in Serbia, and STREIT Mexico in Mexico). The company specializes in precision machining by chip removal using CNC machines, providing comprehensive manufacturing services including assembly, co-design, prototyping, process development, tooling creation, quality control, and logistics. Materials processed include cast iron (gray, nodular, SiMoCr, D5S/NiResist), aluminum, and stainless steel sourced from foundries and forges. The company serves six primary market sectors: Automotive (including turbocharger components), Decarbonization/Electric Mobility, Energy, Heavy Goods Vehicles/Buses, Farm Equipment/Public Works, and Defense. With 650 employees and 70M€ turnover in 2023, the company offers end-to-end solutions from initial design through production and delivery, targeting both small-series diversification and large automated production runs.

Differentiator

Problem solved

Functional benefit

Products and services

• Mechanical Machining Services Precision machining by chip removal (CNC machining, milling, turning, broaching) for mechanical components made from cast iron, aluminum, and steel sourced from foundries and forges. Serves OEM manufacturers requiring high-tolerance parts.
• Assembly Services Assembly of mechanical elements, parts, and components of mechanical assemblies using specialized tools and machines, including quality control and non-conformity management.
• Co-Development and Co-Design Services Collaborative engineering and product development services working alongside customers from initial design through production and delivery, leveraging engineering and R&D expertise to deliver optimal performance solutions.
• Prototyping Services Prototype manufacturing from single parts to small series, enabling validation of projects in collaboration with customers and supporting rapid time-to-market.
• Automotive Components Machined parts for automotive applications including turbocharger components (turbine housing, center housing), engine components, gearbox supports, and oil pump housings made from cast iron (GL, GS, SiMo, NiResist/D5S) and stainless steel for OEM automotive manufacturers.
• Decarbonization Components Components for electric mobility and hydrogen fuel cells including planet carriers, transmission plates, assembly bearing cassettes, and axle nuts for electric vehicles, supporting the transition to sustainable transportation.
• Energy Sector Components Mechanical components for innovative heating systems, generators, and hydrogen engines including body housing fuel cells, hydraulic blocks, and oil separators.
• Heavy Goods Vehicles and Buses Components Mechanical parts for hydraulic blocks, engines, and transmissions including collectors, manifolds, hydraulic covers, fan hubs, and brackets for commercial vehicle manufacturers.
• Farm Equipment and Public Works Components Co-developed and manufactured components for agricultural and construction machinery including thermomotors, mechanical controls, hydraulic blocks, and chassis elements from aluminum (cast, forged) and cast iron.
• Defense Components Mechanical components for defense applications as part of the company's diversified market portfolio.
• Quality Control and Cleanliness Verification Dimensional conformity checking and cleanliness verification services ensuring parts meet quality standards.
• Logistics Services Integrated logistics operations including pallet storage, supply chain management, and turnkey delivery solutions through STREIT Logistics Mexico.

Quantifiable outcome

• Won contract for Porsche Taycan 100% electric vehicle components through collaboration with Setforge
• +2 more outcomes

Named customers29 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• SetforgecoreStrategic or Co-development Partner · 1 January 2020Joint project with forged parts company Setforge to supply components for the future Porsche Taycan 100% electric vehicle. Collaboration enabled winning of market through combined expertise in forging and machining capabilities.

Scale indicators7 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• NTN-SNR: French precision bearings and automotive components manufacturer owned by NTN; similar geographic positioning in eastern France, overlapping automotive OEM customer base, and comparable precision machining expertise.
• Mecachrome: French precision machining group serving aerospace, automotive, and energy with similar co-development and complex component capabilities. Closest direct comparable by geography, customer base, and machining discipline.
• Martinrea International: Canadian automotive parts manufacturer specializing in lightweight metal components and assemblies for major North American and European OEMs; comparable business model of contract machining and assemblies for Tier 1/OEMs.
• Figeac Aero: French precision machining specialist serving aerospace and other demanding industries; comparable in size (sub-€100M revenue range), customer profile, and machining process (multi-axis CNC, special alloys).

Broad incumbents

• Magna International: Diversified global automotive supplier with extensive machining capabilities and broad OEM relationships; offers overlapping precision component manufacturing but as part of a much wider systems-assembly portfolio.
• Linamar Corporation: Canadian Tier 1 automotive parts manufacturer with machining and metal forming capabilities serving a similar set of global OEMs; larger scale and broader product portfolio but operates the same contract machining business model.
• Gestamp: Spanish Tier 1 automotive metal components supplier with global footprint including significant Mexico operations; serves the same major OEMs but at larger scale and broader portfolio (stamping, chassis, body-in-white).
• Schaeffler: Major German automotive and industrial supplier (also a STREIT customer) with comparable precision component capabilities in powertrain and chassis; much larger scale with broader systems-engineering offering.

Regional players

• Metalsa: Mexican automotive structural and powertrain components supplier with similar low-cost footprint strategy and major OEM customer overlap; operates a comparable Mexico-based production network serving North American OEMs.
• Nemak: Mexican-headquartered aluminum automotive components supplier with similar exposure to NA nearshoring trends and active EV-transition pivot; overlapping turbocharger and powertrain machining expertise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/streit-groupe

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Streit Mecanique SA